Risk of product defects and major product-liability incidents
First written in FY2018. 2 of 4 entries say "Mitigated", first in FY2020. Latest entry: FY2023.
The whole theme swung hardest in 2026: 11 of 58 companies on the "Worse" side.
- FY2023RestatedAnnual report
「The Group manufactures products with every effort made to ensure their quality and performance. It seeks to prevent product liability issues by assessing product liability risks in advance and inspecting products at shipment and equipment at delivery to verify that they meet the Company’s quality standards.」
The Company reiterates its response through advance product liability assessments, inspections at shipment and delivery, insurance and the Product Liability Committee. - FY2021MitigatedAnnual report
「The Group manufactures products with every effort made to ensure their quality and performance. It seeks to prevent product liability issues by assessing product liability risks in advance and inspecting products at shipment and equipment at delivery to verify that they meet the Company’s quality standards. It also maintains the necessary insurance coverage for product liability compensation against the possibility of an accident.」
The Company continues to respond through advance product liability assessments, inspections at shipment and delivery, insurance and the Product Liability Committee. - FY2020MitigatedAnnual report
「The Group manufactures products with every effort made to ensure their quality and performance. It seeks to prevent product liability issues by assessing product liability risks in advance and inspecting products at shipment and equipment at delivery to verify that they meet the Company’s quality standards.」
The Company specifically describes its response through advance product liability assessments, inspections at shipment and delivery, insurance and the Product Liability Committee. - FY2018First statedAnnual report
「The Group manufactures products with every effort made to ensure their quality and performance and seeks to prevent product liability issues by assessing product liability risks in advance. However, there is no guarantee that all products will be free from defects or that no problems will arise.」
While addressing risks through advance product liability assessments and insurance coverage, the Company states that product defects and major incidents that cannot be adequately covered by insurance remain possible.